Alberta boosts infrastructure spending, unveils new municipal sustainability program
EDMONTON, ALTA-The Alberta government is increasing its capital spending on infrastructure over the next three years by 37% over last year's three-year capital plan. The province will invest $18.2 billion in roads, schools, health facilities and other infrastructure. A highlight of the 2007-10 capital plan is an unprecedented commitment totalling $4.3 billion over three years to assist municipalities with their capital infrastructure requirements. This includes the Alberta Municipal Infrastructure Program and the phasing in of the new Municipal Sustainability Initiative. The province has allocated about $1.4 billion per year for the next three years (up from $1.1 billion last year) to help municipalities with new construction, rehabilitation and upgrading of roads and bridges, public transportation, water and wastewater treatment systems, affordable housing, recreational and cultural facilities, and other infrastructure. Funding for the first year of the Municipal Sustainability Initiative is $400 million, ramping up to $1.4 billion by 2010-11.